Hevol Services Anticipates Profit Drop

Hevol Services Group Co. Limited (HK:6093) has released an update.

Hevol Services Group Co. Limited has issued a profit warning, anticipating a 20-30% decline in net profit after tax for the first half of 2024 compared to the same period in 2023, primarily due to increased operating costs and marketing expenses. This preliminary information is based on unaudited management accounts and may differ from the final results, which are expected to be published by the end of August 2024. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

For further insights into HK:6093 stock, check out TipRanks’ Stock Analysis page.